During the implementation process the company will have to incur all the costs that will negatively affect the revenue. To make the site a viable one it should be able to cut on the costs that have been incurred by the company in its operations such as reaching the customer base. To ensure it has good return value for the invested money and other resources, the system should help the company cut more than half the cost that it has been incurring in its operations (Navid Nikakhtar, 2012). As the system continues to be used the cost of operation should gradually decrease hence increasing its revenue to an extent of meeting its targets that were initially to have revenue of over $500,000 yearly. When systems are implemented at first the business may incur more costs of operation but after it has been in use for a good time and it is used in business activities the company will end up reducing the operational costs. Operational costs reduce due to the fact that machines saves time and resources involved in production. At the end the business benefits from the technology because there will be smooth flow of activities and less resources will be wasted in the process.
Technology is highly faced with risks as it keeps changing. For a new technology that has just been introduced it is very likely to be faced by major challenges and risks. These challenges affect the company because the system is new and some of those operating it have not gained the expertise in it. After a technology has been operational for a considerable amount of time these challenges will decrease since all those involved will have gained the required experience. During and after the company has put its system in use it is likely to face major risks that if not addressed the system may fail. Doing transactions over the network may be faced with risks such as hacking which leads to data lose (Hanumesh & Sunder, 2000). At times the system may be faced by viruses because it is computerized which may steal data from the computers or even corrupt it. The company should have in place measures to counter or mitigate these risks. The problem of hacking and tapping data while on transit can be addressed to by ensuring that any data to be transmitted is backed up and the n encoded before any transmission is done. In case of any tapping the information will be in a format that cannot be understood unless the decryption key is provided. Strong and genuine antivirus must be used on all the systems. These will help fight the entire virus that may be spread over the internet hence the help or processed data will remain secure. Firewalls may be used to filter on various actions or traffic that may be allowed between the company’s network and the external internet connection it is connected to. When all the listed measures are well implemented the company will remain safe and the use of the system will serve the firm very well.
The proposed system should be able to increase the value of the business in terms of returns. After the system has been implemented and fully functioning reaching the customers should be simplified and the company should reach a wider customer base that will yield more returns. The current system do not have a customer interaction portal hence the firm may lose the unsatisfied customers since they do not have a mechanism to share their view but with the new system the company will maintain its customers since the customers will share their views which will be addressed to and feedback given. An increase in customer base will show that customers are satisfied with the system hence satisfaction with the operations of the company. There should be an effective way to spss assignment help the management in organizing the business activities hence decision making process will take shorter durations. With shorter durations taken, the company production and operations will speed up hence more production and marketing that will increase profits.